Missouri § 94.575 - Definitions.
Full text of Missouri Revised Statutes of Missouri § 94.575 — Definitions., with citation guidance and answers to common questions.
§ 94.575. Definitions.
The following words, as used in sections 94.575 to 94.577, shall mean:
(1) "Capital asset" or "fixed asset", assets of a long-term character that are intended to continue to be held or used, including but not limited to land, buildings, machinery, furniture, and other equipment, including computer hardware and software;
(2) "Capital improvements", any capital or fixed asset having an estimated economic useful life of at least two years.
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(L. 2001 S.B. 352)
---- end of effective 28 Aug 2001 ----
Frequently Asked Questions About Missouri § 94.575
What does Revised Statutes of Missouri § 94.575 cover?
Section 94.575 ("Definitions.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 94.575?
A common citation format is "Revised Statutes of Missouri § 94.575" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 94.575 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.